0001193125-15-131114.txt : 20150415 0001193125-15-131114.hdr.sgml : 20150415 20150415151734 ACCESSION NUMBER: 0001193125-15-131114 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20150415 DATE AS OF CHANGE: 20150415 EFFECTIVENESS DATE: 20150415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen Long/Short Commodity Total Return Fund CENTRAL INDEX KEY: 0001522699 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35710 FILM NUMBER: 15771531 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312-917-8146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 DEFA14A 1 d863621ddefa14a.htm NUVEEN LONG/SHORT COMMODITY TOTAL RETURN FUND Nuveen Long/Short Commodity Total Return Fund

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the

Securities Exchange Act of 1934

(Amendment No.    )

Filed by the Registrant  x                            Filed by a Party other than the Registrant  ¨

Check the appropriate box:

 

¨ Preliminary Proxy Statement
¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
¨ Definitive Proxy Statement
x Definitive Additional Materials
¨ Soliciting Material Pursuant to §240.14a-12

Nuveen Long/Short Commodity Total Return Fund
(Name of Registrant as Specified In Its Charter)
        
Payment of Filing Fee (Check the appropriate box):
x No fee required.
¨ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
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(3)

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¨ Fee paid previously with preliminary materials.
¨ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
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LOGO

April 15, 2015

Dear Shareholder,

The Annual Meeting of Shareholders for the Nuveen Long/Short Commodity Total Return Fund (NYSE MKT: CTF) (the “Fund” or “CTF”) has been adjourned to May 15, 2015 to allow additional solicitation of votes on the proposed plan to convert the Fund into an open-end exchange-traded fund (ETF). As previously announced, the purpose of the conversion is to seek a closer alignment between the Fund’s share price and net asset value. The Fund is not currently, and after the conversion will not be, a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940.

According to our records, you have not voted. Your vote is extremely important! By voting prior to the May 15, 2015 meeting date you can help the Fund avoid additional costly adjournments and further solicitation expense that increases costs for all shareholders. If the requisite shareholder approvals are not obtained, the Fund may conduct additional solicitations with respect to the conversion plan or continue to operate the Fund as a closed-end commodity pool. Shareholders may change their vote by executing a new proxy. Brokers cannot vote the shares on this non-routine matter, so shareholders holding shares through a brokerage firm must vote their shares for the purposes of receiving sufficient votes to decide this issue.

The proxy statement for this meeting can be found at http://www.nuveenproxy.com/Commodity-Exchange-Traded-Products-Proxy-Information/.

If you have any questions or need more information, please call 1-800-257-8787 or contact your financial representative.

Thank you for your time and consideration.

Sincerely,

 

LOGO

William Adams IV

President

Nuveen Commodities Asset Management, LLC


Investment in shares of the Fund is subject to investment risk, including the possible loss of the entire amount invested. The Fund invests primarily in commodity futures contracts and options on commodity futures contracts, which have a high degree of price variability and are and are subject to rapid and substantial price changes. The Fund could incur significant losses on its commodity investments. The Fund is not a mutual fund, closed-end fund, or any other type of “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder. For more information about the Fund, including a more complete description of risks, please see the Fund’s website. This is not a solicitation to buy or sell the Fund’s shares. The Fund does not presently offer any new shares for sale; existing shares trade on the NYSE MKT.

Forward-Looking Statements

This letter includes forward-looking statements, including statements concerning the purposes of the conversion plan and currently anticipated changes in the Fund’s investment strategy, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or the negative of these terms or other comparable terminology. These forward-looking statements are based on current expectations, estimates and projections and are subject to a number of risks, uncertainties and other factors, both known and unknown, that could cause the actual results, performance, prospects or opportunities of the Fund to differ materially from those expressed in, or implied by, these forward-looking statements.

You should not place undue reliance on any forward-looking statements. Except as expressly required by the federal securities laws or otherwise, the Fund undertakes no obligation to publicly update or revise any forward-looking statements or the risks, uncertainties or other factors described in this letter, as a result of new information, future events or changed circumstances or for any other reason after the date of this letter.

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